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Central Securities Depositories
Settlement Center
National Depository of Ukraine

BIS Model
Model 1: AUSD: Quote-driven market, NDU
Model 3: Most transactions in order-driven market (83%)

Settlement Cycle
T+3

Comment
Settlement Center (AUSD) acts as the CSD for Equities, Corporate bonds, Investment funds. NDU covers Equities, ETFs, Corporate bonds, Investment funds.

Key terms defined in our glossary:

Central Securities Depository
BIS Model 1
BIS Model 3
Settlement Cycle

 
The above information is written as a general guide only and is subject to change. Please refer to our 'Terms' page for more details.

Central Securities Depository
Settlement Center National Depository of Ukraine

Central Counterparty


BIS Model
Model 1: AUSD: Quote-driven market, NDU Model 3: Most transactions in order-driven market (83%)

Settlement Cycle
T+3

T2S


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